Example ContractsClausesexercise of sarsVariants
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Settlement of SARs. Upon the exercise of an SAR, pursuant to a notice of exercise properly completed and submitted to the Company in accordance with [Section 8.5], a Participant shall be entitled to receive payment from the Company in an amount equal to the product of [(a) and (b)])] below:

Settlement of SARs. Upon the exercise of an SAR, pursuant to a notice of exercise properly completed and submitted to the Company in accordance with [Section 8.5], a Participant shall be entitled to receive payment from the Company in an amount equal to the product of [(a) and (b)])] below:determined by multiplying:

Settlement

Section # Payment of SARs.SAR Amount. Upon the exercise of an SAR, pursuant to a notice of exercise properly completed and submitted to the Company in accordance with [Section 8.5], a Participant shall be entitled to receive payment from the Company in an amount equal to the product of [(a) and (b)])] below:determined by multiplying:

Settlement of SARs.

PAYMENT OF SAR AMOUNT. Upon the exercise of an SAR, pursuant to a notice of exercise properly completed and submitted to the Company in accordance with [Section 8.5], a Participant shall be entitled to receive payment from the Company in an amount equal to the product of [(a) and (b)])] below:determined by multiplying:

Settlement

Payment of SARs.SAR Amount. Upon the exercise of ana SAR, pursuant to a notice of exercise properly completed and submitted to the Company in accordance with [Section 8.5], a Participant shall be entitled to receive payment from the Company in an amount equal to the product of [(a) and (b)])] below:determined by multiplying:

SettlementPayment of SARs.SAR Amount. Upon the exercise of ana SAR, pursuant to a notice of exercise properly completed and submitted to the Company in accordance with Section 8.5, a Participant shall be entitled to receive payment from the Company in an amount equal to the product of (a) and (b) below:determined by multiplying:

Section # Settlement of SARs. Upon the exercise of ana SAR, pursuant to a notice of exercise properly completed and submitted to the Company in accordance with [Section 8.5], a Participant shall be entitled to receive payment fromin Shares, or such other form as determined by the Company inAdministrator, having an amountaggregate value equal to the productFair Market Value of [(a) and (b)])] below:one Share on the exercise date over # the Base Price of such SAR; provided, however, that on the grant date, the Administrator may establish a maximum amount per Share that may be payable upon exercise of a SAR.

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